20211115Decision Memo.pdf

DECISION MEMORANDUM 1
DECISION MEMORANDUM

TO: COMMISSIONER KJELLANDER
COMMISSIONER RAPER
COMMISSIONER ANDERSON
COMMISSION SECRETARY
COMMISSION STAFF
LEGAL

FROM: DAYN HARDIE
DEPUTY ATTORNEY GENERAL

DATE: NOVEMBER 15, 2021

SUBJECT: IN THE MATTER OF IDAHO POWER COMPANY’S APPLICATION FOR
AUTHORITY TO INCREASE ITS RATES DUE TO REVISED
DEPRECIATION RATES FOR ELECTRIC PLANT-IN-SERVICE; CASE
NO. IPC-E-21-18.

On June 3, 2021, Idaho Power Company (“Company”) applied to the Commission for
authorization to implement revised depreciation rates for electric plant-in-service. The revised
depreciation rates would allow the Company to recover $3,764,941 from customers in Idaho. The
proposed revision would increase customer rates 0.31 percent. The Company requests that the
revised rates be effective as of December 1, 2021, and that its Application be processed by
modified procedure.
On June 24, 2021, the Commission issued a Notice of Application and set a deadline
for intervention. Order No. 35089. Industrial Customers of Idaho Power (“ICIP”) intervened in the
matter. Order No. 35114.
On August 24, 2021, Staff notified the Commission Secretary that it was entering into
settlement negotiations with the parties in this case and parties in the related Oregon docket
intending to revise depreciation rates and ensure those rates remain consistent among jurisdictions.
On November 10, 2021, a Settlement Stipulation and Joint Motion to Approve
Settlement Stipulation were filed by the Company. The Company, Staff, and ICIP signed the
Settlement which included an agreement on revised depreciation rates. The parties agreed the
revised rates should become effective January 1, 2022.

DECISION MEMORANDUM 2
STAFF RECOMMENDATION
Staff recommends the Commission suspend the proposed December 1, 2021 effective
date until January 1, 2022 pursuant to Idaho Code § 61-622(4), and issue a Notice of Modified
Procedure establishing a December 9, 2021 public comment deadline and a December 16, 2021
Company reply deadline.
COMMISSION DECISION
Does the Commission wish to suspend the proposed effective date until January 1, 2022
and issue a Notice of Modified Procedure establishing a December 9, 2021 public comment
deadline and a December 16, 2021 Company reply deadline?

__________________________
Dayn Hardie
Deputy Attorney General

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